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Germany: the output value of the machinery manufacturing industry may continue to declineKarl Martin Welk, Chairman of the German Machinery and Equipment Manufacturing Association, said on December 10 that it is difficult for machinery manufacturing as a pillar industry in Germany to quickly get out

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2019-12

[Trade News] South Korea: proposed to impose income tax on Bitcoin transactions
South Korea: proposed to impose income tax on Bitcoin transactionsAccording to South Korea's "Central Daily" report, the Ministry of Planning and Finance of the Republic of Korea stated on December 8 that the government has decided to levy income taxes on virtual assets such as Bitcoin and Ethereum,

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2019-12

[Trade News] World Trade Organization: Appellate Body Formally "Stopped" on the 11th
World Trade Organization: Appellate Body Formally "Stopped" on the 11thThe Director-General of the World Trade Organization, Azevedo, announced on December 10 that the Appellate Body was officially “closed” from the 11th. This will undoubtedly damage the WTO dispute settlement mechanism, but it does

11

2019-12

[Trade News] Academy of Social Sciences: expected economic growth of 6% next year
Academy of Social Sciences: expected economic growth of 6% next yearOn December 9, the "2020 Economic Blue Book" conference and China's economic situation report hosted by the Chinese Academy of Social Sciences was held in Beijing. The "Economic Blue Book" points out that under the combined effect o

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2019-12

[Trade News] China completed $ 2.38 billion in renewable energy investments along the Belt and Road Initiative in the first ten months
China completed $ 2.38 billion in renewable energy investments along the Belt and Road Initiative in the first ten months"From January to October this year, China's investment in renewable energy along the Belt and Road was $ 2.38 billion." Said Zhai Dongsheng, director of the Belt and Road Construc

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2019-12

[Trade News] National Bureau of Statistics: November 2019 CPI rose 4.5% year-on-year
National Bureau of Statistics: November 2019 CPI rose 4.5% year-on-yearIn November, cities rose 4.2% and rural areas rose 5.5%; food prices rose 19.1%, non-food prices rose 1.0%; consumer prices rose 6.5%, and service prices rose 1.2%. On average from January to November, the national consumer price

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2019-12

[Trade News] Brazil: Central Bank survey predicts higher economic growth this year
Brazil: Central Bank survey predicts higher economic growth this yearOn December 9th, the "Focus Survey" released by the Central Bank of Brazil showed that the financial market expects the Brazilian economy to achieve higher growth and raised its inflation expectations for the fifth consecutive wee

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2019-12

[Trade News] Germany: expected to become Europe's largest electric vehicle market for the first time in 2019
Germany: expected to become Europe's largest electric vehicle market for the first time in 2019On December 9, Mattias Schmidt, an authoritative expert in the German automotive industry, tweeted that statistics show that Germany is expected to surpass Norway this year to become Europe's largest elect

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2019-12

[Trade News] Brazil: major economic states hope to continue to deepen cooperation with China
Brazil: major economic states hope to continue to deepen cooperation with ChinaDoria, Governor of the State of Sao Paulo, Brazil said on December 3 that the State of Sao Paulo has formulated investment plans for as many as 62 fields. Next year, it will continue to actively promote cooperation with C
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